Drone Industry Predicted To Become A $40+ Billion Industry By 2026

German company Droneii (Drone Industry Insights) released their Drone Market Report for 2021-2026 earlier this August 2021. Droneii have predicted a major growth within the commercial drone industry at โ€˜9.4% CAGR (Compound Annual Growth Rate) for a global drone market that is already worth US $26.3 billion in 2021. This means that drones are on their way to become a US $41.4 billion industry by 2026โ€™ (Droneii, 2021).ย 

"Droneii is a business intelligence company which carries out market research focused on commercial drones."

Droneii (2021).

Droneii report that commercial drones are used in a vast majority of industries. This includes industries in construction, conservation, delivery, and agriculture โ€“ to name just a few! Just under $5.9 billion dollars is the figure that drone applications within the Energy industry are โ€˜on path to earn throughout the globeโ€™.

โ€˜The report, based on proprietary data and market models supported by primary and secondary sources, is the latest edition of Droneiiโ€™s yearly study on the global drone market.โ€™

โ€˜It analyses the drone industry by segment (hardware, software, services), by industry sector (energy, construction, agriculture, etc), by application method (e.g. mapping & surveying, inspection, and delivery, among others) and provides a more in-depth look into all regional markets as well as a deeper analysis of the top 10 countries for drones.โ€™ (Droneii, 2021).

You can preview or purchase the commercial drone report here.

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